Re:Congress' push to regulate Big Tech is fizzling out
by onepointsixC on Thursday July 21, 2022 @09:27AM
(#32179059)
Because big tech is overwhelmingly not European, thus there's little blow back to trade actions. Suggest a policy that may harm the balance sheet of the German Automotive sector and you'll see it killed on the spot.
[ Parent
| on HN ]
Re:Congress' push to regulate Big Tech is fizzling out
by malermeister on Thursday July 21, 2022 @12:16PM
(#32181177)
That's demonstrably wrong:
https://www.motor1.com/news/595006/european-union-agrees-com...
Re:Congress' push to regulate Big Tech is fizzling out
by schumpeter on Thursday July 21, 2022 @04:26PM
(#32184544)
To the parent’s point, VW was saying for recent years they were going fully electric. This EU bill doesn’t harm them. In fact, it likely helps them against slower-moving competitors.
Re:Congress' push to regulate Big Tech is fizzling out
by malermeister on Thursday July 21, 2022 @04:41PM
(#32184741)
It might not hurt VW, but the EUs automotive industry is more than just VW. A lot of it is very specialized suppliers to bigger companies that do stuff like the best gear box etc. Those will be hurt for sure.
Re:Congress' push to regulate Big Tech is fizzling out
by ls15 on Thursday July 21, 2022 @04:40PM
(#32184718)
Does banning new combustion engines after 2035 really harm the manufacturers? To me it looks like they are all moving to electric.
Re:Congress' push to regulate Big Tech is fizzling out
by malermeister on Thursday July 21, 2022 @04:43PM
(#32184762)
A lot of the industry is suppliers to manufacturers, not just manufacturers themselves. Those will be hurt for sure as their whole business model is being the best at some specialized part of a combustion car.